3, GRAVEL WALK, SOUTHAM, CHELTENHAM, GL52 3NP - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 GRAVEL WALK is a very small extended detached house of 68m², built sometime between 1900 and 1929. It was last sold for £200,000 in October 2002, which was around 14% below the average October 2002 detached price in the Tewkesbury local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.

3 GRAVEL WALK Sold Prices

Land registry data shows two sales for 3 GRAVEL WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. Both of the two 3 GRAVEL WALK sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2002 18 OCT	£200,000	£233,372	14% below HPI
1996 26 JUN	£75,000	£100,671	25% below HPI

3 GRAVEL WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two 3 GRAVEL WALK sales from June 1996 and October 2002 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2002 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 GRAVEL WALK?

3 GRAVEL WALK is 68m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Southam, based on EPC data. The below chart shows the distribution of detached houses by size in Southam, and where 3 GRAVEL WALK lies on this distribution: Less than 1% of detached houses are smaller than 3 GRAVEL WALK, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Southam.

3 GRAVEL WALK: Plot and Title Map

3 GRAVEL WALK sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 3 GRAVEL WALK, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 GRAVEL WALK). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 GRAVEL WALK?

3 GRAVEL WALK is located in SOUTHAM, in the GL52 postcode district. The below map shows the position of No. 3 on GRAVEL WALK.